Crossamerica Partners Lp  (CAPL)
Other Ticker:  
    Sector  Energy    Industry Oil Refineries
   Industry Oil Refineries
   Sector  Energy
Price: $20.4800 $0.23 1.136%
Day's High: $21.21 Week Perf: 2.76 %
Day's Low: $ 20.13 30 Day Perf: 3.64 %
Volume (M): 128 52 Wk High: $ 23.20
Volume (M$): $ 2,613 52 Wk Avg: $20.15
Open: $20.44 52 Wk Low: $17.91

 Market Capitalization (Millions $) 781
 Shares Outstanding (Millions) 38
 Employees 744
 Revenues (TTM) (Millions $) 666
 Net Income (TTM) (Millions $) 63
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 25

Crossamerica Partners Lp

On October 1, 2014, CST completed the GP Purchase and IDR Purchase for $17 million in cash and approximately 2 million shares of CST common stock for aggregate consideration of approximately $90 million. On August 21, 2016, CST, the owner of our General Partner, entered into the Merger Agreement. As a result, Circle K Stores Inc., a subsidiary of Couche-Tard, will, through its acquisition of CST, control CST’s interest in the General Partner and CST’s 19.8% limited partner interest in CrossAmerica as well as all of the IDRs. The Merger was approved by CST’s stockholders on November 16, 2016 and is subject to the receipt of regulatory approvals in the United States and Canada. The Merger is currently expected to close in the second quarter of 2017. The General Partner manages the operations and activities of CrossAmerica. The General Partner is managed and operated by the Board and executive officers of the General Partner. As a result of the GP Purchase, CST controls the General Partner and has the right to appoint all members of the Board. Therefore, CST controls the operations and activities of CrossAmerica even though CST does not own a majority of our outstanding limited partner units.

We conduct our business through two operating segments, Wholesale and Retail. As of December 31, 2016, we distributed motor fuel to nearly 1,200 sites located in 29 states (Arizona, Arkansas, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Virginia, West Virginia and Wisconsin).

We are one of the ten largest independent distributors by volume in the United States for ExxonMobil, BP and Motiva (Shell), and we also distribute Chevron, Sunoco, Valero, Gulf, Citgo, Marathon and Phillips 66-branded motor fuels (approximately 83% of the motor fuel we distributed during 2016 was branded). We receive a fixed mark-up per gallon on approximately 87% of gallons sold to our customers. The remaining gallons are primarily DTW priced contracts with our customers. These contracts provide for variable, market based pricing. An increase in DTW gross profit results from the acquisition cost of wholesale motor fuel declining at a faster rate as compared to the rate retail motor fuel prices decline. Conversely, our DTW motor fuel gross profit declines when the cost of wholesale motor fuel increases at a faster rate as compared to the rate retail motor fuel prices increase.

We own or lease and operate retail sites. Subsequent to an acquisition, we evaluate the eventual long-term operation of each retail site acquired: (a) to be converted into a lessee dealer or (b) other strategic alternatives, including divestiture or longer term operation as a retail site. By converting retail sites into lessee dealers, we continue to benefit from motor fuel distribution volumes as well as rental income from lease or sublease arrangements while reducing operating expenses. For the year ended December 31, 2016, we converted 77 company operated retail sites in our Retail segment to lessee dealers in our Wholesale segment.

   Company Address: 645 Hamilton Street Allentown 18101 PA
   Company Phone Number: 625-8000   Stock Exchange / Ticker: NYSE CAPL
   CAPL is expected to report next financial results on November 06, 2023.

Customers Net Income fell by CAPL's Customers Net Profit Margin fell to

-54.66 %

8.55 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

5 Days Decrease / Increase
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MPC   -1.84%    
• View Complete Report

Global Partners Lp

Oil Refineries Company and Global Partners Lp Report Major Revenue Contraction for Fiscal Quarter Ending June 2023, Profitability Plummets

Global Partners Lp, a company trading on the NYSE, recently posted its financial results for the fiscal second quarter ending June 30, 2023. The report reveals a series of key performance metrics, including a decline in revenue, contraction of profitability, and a significant increase in net earnings. This article aims to interpret these financial results and assess the potential impact on Global Partners Lp going forward.
1. Revenue Decline and Profitability Slump:
Global Partners Lp experienced a contraction in revenue of -28.025% during the fiscal second quarter of 2023. This decline resulted in a slump in profitability by -77.32% compared to the same period a year ago. The company posted revenues of $3.83 billion, a decrease from $5.32 billion in the previous year. This significant decrease shows a challenging environment for Global Partners Lp.

World Kinect Corporation

World Kinect Corporation Reveals Noteworthy Advancement of 23.08% Income to $0.48 per Share, Amid Substantial Revenue Decline of -35.868% to $10.98 Billion in Fiscal Ambit Concluding June 30, 2023

World Kinect Corporation (WKC) recently released its financial results for the time-frame ending June 30, 2023, and the numbers are both positive and concerning. While the company reported a 23.08% improvement in its stated income, which amounted to $0.48 per share, revenue saw a significant decline of -35.868%, reaching $10.98 billion.
Comparing these figures to the prior reporting period, we can see that earnings grew by 33.33% from $0.36 per share, while revenue deteriorated by -12.025% from $12.48 billion. This indicates that the company has been able to increase its profitability but is struggling to maintain its revenue streams.

Ftai Infrastructure Inc

Surprising Twist: Ftai Infrastructure Inc's Hefty Deficit Grows Despite Top-Line Improvement in 2023's Second Financial Quarter

The stock market is always full of surprises, and the recent performance of Ftai Infrastructure Inc is one that has caught the attention of many investors. In the financial second quarter of 2023, the company experienced significant improvements in various key metrics, painting a promising picture for the future.
Starting with earnings per share, Diminishing Returns expanded from $-0.30 per share a year before to $-0.38 per share in the current quarter. This is a positive sign, indicating growth and potential for the company. Additionally, the income per share also saw an improvement, moving from $-0.40 per share in the previous quarter to a better result currently.

Martin Midstream Partners L P

Martin Midstream Partners Battles Tough Q2 2023: Sees Revenue Shrinkage of -26.727% and Earnings Drop by -82.35%

Martin Midstream Partners LP (MMLP) has faced a significant decline in revenue and earnings for the April to June 2023 period, signaling bearish sentiment for the company. The revenue contraction of -26.727% has led to a drop in earnings by -82.35%, with the company posting earnings of $195.64 million compared to $267.00 million in the previous year.
This decline is even more pronounced when looking at the earnings per share (EPS) figures. EPS dropped from $0.17 per share in the prior year to a meager $0.03 per share this year. This drastic decrease in EPS showcases the alarming decline in profitability for the company.
While there was a slight improvement in the net profit per share compared to the previous quarter, turning positive from $-0.13 per share, it is overshadowed by the significant drop in net profits. The net profits of $1.077 million in the second quarter of 2023 is a decrease of -83.64% from $6.585 million in the corresponding period of the previous year.

Adams Resources And Energy Inc

Facing difficult business enviroment, with rather steep -16.026 %, revenue decrease, the AE in the first quarter of 2023

Adams Resources and Energy Inc (AE) has reported a significant expansion in its deficit for the fiscal year ending March 31, 2023. The company's deficit has expanded to $-0.79 per share compared to $1.39 per share a year ago, indicating a significant decline in the company's profitability and financial stability.
The company's EPS has improved from $-2.19 per share from the previous reporting period, but this improvement does not seem to have a significant impact on the company's overall financial performance. The decline in revenue is also a cause of concern for investors, as it has receded by -16.026% to $650.16 million from $774.25 million in the corresponding reporting period a year ago. The decline has also deteriorated sequentially by -13.048% from $747.72 million.


Crossamerica Partners Lp's Segments
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